Car insurance - am I going wrong somewhere?

[Fun Bus]

Just recently I've noticed a few threads which contain comments such as these:

Someone else said said:

I'm 22..........these are my quotes.
911 (996) £1100
Z4C 3.0 £980
TVR Tamora £1000
Elise S2/111S £1200

Then someone said:

As for insurance, I was insuring a TT 225 @ 21 last year for £875 fully comp and now have a 330ci M sport and pay £1100 @ 22

Then this said:

did a quote for myself on a 911 for when im 21, admiral multicar 4 years NCB - 1200 quid

And more said:

I'm 23 and paying £1,360 on a Diablo

And some more said:

I pay £1400 insruance on a 911 turbo @ 21 (with a previous ban)

Possible custard on this one said:

I'm 22, only passed my test at 19, insure a Shelby GT500 tuned to 900hp(insurer knows) and Porsche Cayman on separate policies for less than 3k total.

Last one said:

im 27, i discovered classic insurance this year
had: TVR chimaera, classic mini cooper, TVR Cerbera, ferrari 308, lotus esprit, bmw 850, and not paid more than £250 for any of them

I'm 33 with 10 years no claims, car parked on the driveway of a decent postcode area, my OH is a named driver. Neither of us have any claims nor convictions. The cost of renewing the insurance on my E46 318Ci? £950 fully comp. with £250 excess. When you look at the above and look at my renewal I can't help but think "How the juddery fk?"

Edited by Fun Bus on Monday 28th November 01:56

[martin84]

[Locke]

I'm 21, 3 years ncb, good post code area and no points - £900 Toyota Yaris Diesel.

I managed to insure a 106 GTI for £1200 when I was 19 which shows how much premiums are going up by.

[Tyrion]

Fun Bus said:

Just recently I've noticed a few threads which contain comments such as these:

Someone else said said:

I'm 22..........these are my quotes.
911 (996) £1100
Z4C 3.0 £980
TVR Tamora £1000
Elise S2/111S £1200

Then someone said:

As for insurance, I was insuring a TT 225 @ 21 last year for £875 fully comp and now have a 330ci M sport and pay £1100 @ 22

Then this said:

did a quote for myself on a 911 for when im 21, admiral multicar 4 years NCB - 1200 quid

And more said:

I'm 23 and paying £1,360 on a Diablo

And some more said:

I pay £1400 insruance on a 911 turbo @ 21 (with a previous ban)

Possible custard on this one said:

I'm 22, only passed my test at 19, insure a Shelby GT500 tuned to 900hp(insurer knows) and Porsche Cayman on separate policies for less than 3k total.

Last one said:

im 27, i discovered classic insurance this year
had: TVR chimaera, classic mini cooper, TVR Cerbera, ferrari 308, lotus esprit, bmw 850, and not paid more than £250 for any of them

I'm 33 with 10 years no claims, car parked on the driveway of a decent postcode area, my OH is a named driver. Neither of us have any claims nor convictions. The cost of renewing the insurance on my E46 318Ci? £950 fully comp. with £250 excess. When you look at the above and look at my renewal I can't help but think "How the juddery fk?"

Edited by Fun Bus on Monday 28th November 01:56

I guess your first mistake is believing that everything other people write on the internets is actually true.

[Fun Bus]

Where do I say I believe it.

[Patrick Bateman]

I'm 22 with 2 years NCB and that's what I pay for a 330Ci.

Shop around.

[Fun Bus]

I do shop around, last year I paid £600 which relatively speaking is still a lot.

[frosted]

I'm 26 4 yrs ncb live in London so I pay £1000 for a vw tdi passat , beat that

[Toaster Pilot]

21, 1y NCB, 1 fault claim in past 3 years (2 in past 5), £420 for the toaster

[Fun Bus]

OT - I'd never put you at 21. No idea why though.

[Twincharged]

Fun Bus said:

I'm 33 with 10 years no claims, car parked on the driveway of a decent postcode area[/footnote]

Is it a decent area as in "a generally nice place to live", or is it a decent postcode area as in "an insurance-approved decent postcode area"?
http://www.carinsuranceexplained.com/car-insurance...

The postcode makes a massive difference to the premium, and being in what is generally a nice area doesn't count for anything if it's not in the insurers' lower risk groups.

[mrmr96]

I'm 19 and drive a 997 Turbo. Insurance is only £490, please add me to your op.

[PaulB81]

You must be doing something wrong. Some of those quotes are a bit silly but you are paying way too much. I'm 30, 5 yrs ncb, one accident on file and was paying 600 on my 330ci with a mainstream insurer. You need to have a proper play on a comparison site.

I work in IT. By changing between variations of the same job I.e computer specialist, computer technician, computer consultant etc the price can change dramatically. The mileage you do also makes a massive difference as does increasing the voluntary excess.

[Hub]

Fun Bus said:

I'm 33 with 10 years no claims, car parked on the driveway of a decent postcode area, my OH is a named driver. Neither of us have any claims nor convictions. The cost of renewing the insurance on my E46 318Ci? £950 fully comp. with £250 excess. When you look at the above and look at my renewal I can't help but think "How the juddery fk?"

I'd say that is about 3 times what you should be paying (if your area really is rated as decent).

[Liquid Knight]

Try these guys...

http://www.greeninsurancecompany.co.uk/

...as well as being amounst the cheapest of the Meerkats quotes the coverage and features are superb, they offset the carbon your car produces throughout the length of the policy and if you give them my post code and buy the policy off them you get £25 to spend in town.

I saved over £1,000 on my renewal when I switched over to them.

Send me a PM for my postcode if you ned it

[Steffan]

I do think there is a lot of, less than entirely correct detail, offered to the insurers in the information supplied by proposers.

A cynic would say this is an attempt to achieve lower premiums without due regard for accuracy. I am sure nothing could be further from the truth. No one could suggest this for a moment.

Moving swiftly on, as others have said, surprisingly, not every comment on PH is completely correct: simple errors like the actual premium paid, the real age of the driver and so forth can so easily creep in to discussions and indeed proposal forms.

Doubtless many PH'ers will be aware of the major changes that have occurred recently in the ability of drivers. to use their comprehensive insurance on a one litre Metro with six years NCB, to drive their friends uninsured Ferrarri/SubaruWRX/Ford RS 6.000++ on the road.

The general requirement now is that these cars can only be insured in this way if they are already in its own right elsewhere separately.

I rather think the insurers have recognised the same unusual statistics you have spotted. Not everyone is entirely open in their dealings.

I suspect your premium, is much more realistic, for genuine, properly informed, cover.

[Alfanatic]

Steffan said:

I do think there is a lot of, less than entirely correct detail, offered to the insurers in the information supplied by proposers.

A cynic would say this is an attempt to achieve lower premiums without due regard for accuracy. I am sure nothing could be further from the truth. No one could suggest this for a moment.

Moving swiftly on, as others have said, surprisingly, not every comment on PH is completely correct: simple errors like the actual premium paid, the real age of the driver and so forth can so easily creep in to discussions and indeed proposal forms.

Doubtless many PH'ers will be aware of the major changes that have occurred recently in the ability of drivers. to use their comprehensive insurance on a one litre Metro with six years NCB, to drive their friends uninsured Ferrarri/SubaruWRX/Ford RS 6.000++ on the road.

The general requirement now is that these cars can only be insured in this way if they are already in its own right elsewhere separately.

I rather think the insurers have recognised the same unusual statistics you have spotted. Not everyone is entirely open in their dealings.

I suspect your premium, is much more realistic, for genuine, properly informed, cover.

I, uh, pardon?

[kambites]

Out of interest, how do you know you're in a good area for insurance risk? Have you looked it up?

[Efbe]

one word... FRONTING

at a guess most of those quoted in the OP will be through fronting, or just mis-stating

[Rawwr]

I'm 18 and drive an F40. Fully comp for £290.